iRobot (IRBT) Reports Q2 Loss, Misses Revenue Estimates
IRBTiRobot(IRBT) ZACKS·2024-08-08 02:15

iRobot Corporation (IRBT) reported second-quarter 2024 adjusted loss of 1.96pershare,widerthantheZacksConsensusEstimateofalossof1.96 per share, wider than the Zacks Consensus Estimate of a loss of 1.77 per share. The reported figure compares unfavorably with the year-ago quarter’s net loss of 1.42pershare.RevenueDetailsiRobotgeneratedrevenuesof1.42 per share.Revenue DetailsiRobot generated revenues of 166.4 million, which missed the Zacks Consensus Estimate of $168 million. On a year-over-year basis, revenues decreased 29.7% due to lower sales across all product categories.Sales derived from premium and mid-t ...